Five Things to Consider When Buying A Beach Home
If you’ve ever dreamed of living near the beach or perhaps you’ve thought about investing in coastal property as an income source, buying your dream beach home can be one of the most rewarding decisions you make in your lifetime. Still, there are many details you should consider before, during, and after you make your first move.
Inspectors and Inspections
You will need a good home inspector who knows beach homes and area conditions. Your inspector is a must have as you narrow down your top choices.
Insurance
Find an insurance agent who is well versed on flood and hurricane insurance. Some insurance companies think only “hurricane” whenever you mention owning a home in Florida. However, if you use an agent who knows the ins and outs, you’ll get a far better rate.
Will you rent your home to short term rentals?
If you will rent your home finding a reputable rental management company in the area is a must. They will handle the cleaning and maintenance and market your property to qualified guests. Selecting a property management company that is local to the area is a wise choice for most people.
Second Home Maintenance
If you’re not renting the house but using it as a vacation home for your family, plan ahead for the pitfalls of second home ownership. It might be best to investigate a property management company who can handle maintenance and repair during the times you cannot be there.
Realtor Know How
Of course, you will need a realtor who can handle all of this for you with ease. The team at Posh Beach Realty has put countless individuals and families into their dream beach homes and has a ready network of vendors and service professionals who can help you make it happen.
Owning a house on the beach can be a dream come true, that’s for sure. Preparing yourself for the many decisions and necessary steps is a good way to make that move easier than you could have ever imagined! We’re here to help. Give us a call or contact us today.
